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JPMORGAN CHASE BANK v. COOK

No. 03 Civ. 2690(GEL).

318 F.Supp.2d 159 (2004)

JPMORGAN CHASE BANK, Plaintiff, v. Lodwrick M. COOK, Defendant.

United States District Court, S.D. New York.

February 20, 2004.

Attorney(s) appearing for the Case

Andrew E. Tomback, Allan S. Brilliant, Millbank, Tweed, Hadley & McCloy LLP, New York City, for JPMorgan Chase Bank.

Terry Christensen, Patricia Glaser, Sean Riley, Christensen, Miller, Fink Jacobs, Glaser, Weil & Shapiro, LLP, Los Angeles, CA, Peter A. Mahler, Derfner & Mahler, New York City, for Lodwrick M. Cook.

OPINION AND ORDER

LYNCH, District Judge.

This lawsuit concerns a $7.5 million personal loan that Lodwrick Cook, a senior executive at Global Crossing, Ltd. ("Global Crossing" or "GX") borrowed from JPMorgan Chase's private banking division and failed to repay. The parties agree that Cook borrowed the money and has defaulted on the debt. They dispute who can be held responsible for the loan, which was...

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